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Crystal Clear Electronic Material Co (SZSE:300655) EBIT : ¥13 Mil (TTM As of Mar. 2024)


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What is Crystal Clear Electronic Material Co EBIT?

Crystal Clear Electronic Material Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ¥-1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥13 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Crystal Clear Electronic Material Co's annualized ROC % for the quarter that ended in Mar. 2024 was 1.19%. Crystal Clear Electronic Material Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -0.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Crystal Clear Electronic Material Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.19%.


Crystal Clear Electronic Material Co EBIT Historical Data

The historical data trend for Crystal Clear Electronic Material Co's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Crystal Clear Electronic Material Co EBIT Chart

Crystal Clear Electronic Material Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.07 112.52 280.30 217.37 40.18

Crystal Clear Electronic Material Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.91 -15.82 5.02 25.07 -1.33

Competitive Comparison of Crystal Clear Electronic Material Co's EBIT

For the Specialty Chemicals subindustry, Crystal Clear Electronic Material Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Crystal Clear Electronic Material Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Crystal Clear Electronic Material Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Crystal Clear Electronic Material Co's EV-to-EBIT falls into.



Crystal Clear Electronic Material Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥13 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Crystal Clear Electronic Material Co  (SZSE:300655) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Crystal Clear Electronic Material Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=38.1 * ( 1 - -3.08% )/( (3238.076 + 3347.201)/ 2 )
=39.27348/3292.6385
=1.19 %

where

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=5039.119 - 305.309 - ( 1495.734 - max(0, 700.649 - 2356.356+1495.734))
=3238.076

Invested Capital(Q: Mar. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=5469.937 - 247.992 - ( 1874.744 - max(0, 676.907 - 2701.043+1874.744))
=3347.201

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Crystal Clear Electronic Material Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-5.3/( ( (1971.274 + max(359.102, 0)) + (2041.082 + max(420.999, 0)) )/ 2 )
=-5.3/( ( 2330.376 + 2462.081 )/ 2 )
=-5.3/2396.2285
=-0.22 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(401.633 + 162.417 + 106.845) - (305.309 + 0 + 6.484)
=359.102

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(404.096 + 158.613 + 115.831) - (247.992 + 0 + 9.5490000000001)
=420.999

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Crystal Clear Electronic Material Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=12.95/6668.628
=0.19 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Crystal Clear Electronic Material Co EBIT Related Terms

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Crystal Clear Electronic Material Co (SZSE:300655) Business Description

Traded in Other Exchanges
N/A
Address
No.168, Shanfeng Road, Wuzhong Economic Development Zone, Suzhou, CHN, 215168
Suzhou Crystal Clear Chemical Co Ltd produces and sells ultra-purifying materials and other fine chemical products for the microelectronics industry. Its main products include ultra-clean high-purity reagents, photoresist materials, functional materials and lithium battery adhesives, among others. Its products are mainly used in the manufacturing of semiconductors, photovoltaic solar cells, light-emitting diodes (LEDs), and lithium batteries.

Crystal Clear Electronic Material Co (SZSE:300655) Headlines

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